Nils Gornall, CEO, and Edward Kacyrz, CFO, will host a webinar for private investors to update on performance
Tuesday 30 July at 12.30pm. Register here
DP Poland is the operator of Domino's pizza stores and restaurants across Poland and Croatia. The group operates 117 stores and restaurants throughout cities and towns in Poland and Croatia. The company is entering a multi year growth phase through a combination of new store openings funded from their recent £20.5m equity raise and the transition to a franchise model which presents a great investment opportunity.
The recent trading update showed that LFL sales have accelerated this year and well on the way to meeting the 2026 targets as set out in the recent fund raise. A good example is the 2026 Average Weekly Order Count (AWOC) target of 900 vs 2024 YTD 802 achieved.
YTD 2024 April Trading Update
- Positive performance in Poland with LFL System Sales growth and LFL Order Count growth of 19.9% YoY and 17.0% respectively (In Q1 these numbers were +17.9% and 14.8%). YTD AWOC now 802
- LFL System Sales growth of 9.9% YoY in Croatia
- Group EBITDA in line with expectations
- Deployment of proceeds of fundraise:
- 35 new stores in Poland and 2 in Croatia currently in review, of which 7 rent contracts have already been signed and 5 locations earmarked for 2025
- 6 store refurbishments already planned before the year end
- Investment into commissary capacity, with the installation of siloes in Lodz commissary to be finalized by the end of July 2024
- Rolling-out of automated aggregators’ order placing
Register here
